正业科技(300410) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 309,124,041.15, down 14.05% year-on-year [8]. - Net profit attributable to shareholders was a loss of CNY 5,556,821.24, a decline of 142.74% compared to the same period last year [8]. - Basic earnings per share were -CNY 0.01, down 133.33% compared to the same period last year [8]. - The weighted average return on net assets was -0.58%, a decrease of 1.27% compared to the previous year [8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 7,372,019.12, a decline of 189.48% year-on-year [8]. - The company reported a net loss of CNY 562,876,427.60, an improvement from a loss of CNY 577,270,818.47 in the previous period [32]. - Total operating revenue for Q3 2020 was ¥309,124,041.15, a decrease of 14.0% compared to ¥359,650,793.56 in the same period last year [38]. - Net profit for Q3 2020 was a loss of ¥5,596,768.61, compared to a profit of ¥13,260,695.37 in Q3 2019, representing a significant decline [40]. - Basic earnings per share for Q3 2020 were -¥0.01, compared to ¥0.03 in the same quarter last year [40]. - The company reported a total profit of ¥52,581,417.06, compared to ¥45,687,447.39 in the previous period, reflecting a growth of 15.0% [46]. Cash Flow - Net cash flow from operating activities was a negative CNY 19,111,118.41, representing a decrease of 234.94% year-on-year [8]. - Net cash flow from operating activities decreased by 618.95% to -¥59,195,845.91 primarily due to a significant increase in cash payments for goods and services [16]. - The cash inflow from operating activities was CNY 889,538,550.91, an increase from CNY 863,401,556.16 in the previous period, reflecting a growth of approximately 3.3% [51]. - The cash outflow from operating activities totaled CNY 948,734,396.82, compared to CNY 871,635,260.75 in the prior period, resulting in a net cash flow from operating activities of -CNY 59,195,845.91, worsening from -CNY 8,233,704.59 [51]. - The net cash flow from financing activities decreased by 101.63% to -¥1,979,481.04 primarily due to a significant decrease in cash received from investments and loans [16]. - The cash inflow from financing activities was CNY 344,963,400.68, compared to CNY 574,561,381.39 in the previous period, reflecting a decrease of about 40.0% [53]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,316,088,742.23, a decrease of 4.50% compared to the end of the previous year [8]. - Current assets totaled CNY 1,482,974,649.56, down from CNY 1,579,294,710.85, indicating a decrease of about 6.1% [29]. - Total liabilities decreased from CNY 1,475,090,330.21 to CNY 1,302,736,159.04, a reduction of approximately 11.7% [31]. - The company's equity attributable to shareholders rose from CNY 939,300,119.20 to CNY 1,001,346,395.86, an increase of approximately 6.6% [32]. - The company's total liabilities decreased to ¥844,396,635.59 from ¥871,307,335.54 year-over-year, a reduction of approximately 3.1% [39]. - Current liabilities totaled CNY 1,282,785,648.43, including short-term borrowings of CNY 265,185,733.46 and accounts payable of CNY 433,934,979.74 [61]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,820 [11]. - The largest shareholder, Dongguan Zhengye Industrial Investment Co., Ltd., held 42.10% of the shares, amounting to 160,519,974 shares [11]. Non-Recurring Gains and Losses - The company reported a total of CNY 9,354,645.24 in non-recurring gains and losses for the year-to-date [9]. - The company reported a credit impairment loss of ¥9,140,321.65 in Q3 2020, compared to a gain of ¥2,168,792.28 in the same period last year [39]. Financial Ratios and Expenses - Financial expenses increased by 94.32% to ¥21,020,513.78 primarily due to higher interest expenses compared to the previous period [16]. - Research and development expenses for Q3 2020 were ¥30,210,672.24, slightly down from ¥31,709,937.15 in Q3 2019 [39]. - Research and development expenses were ¥77,111,729.01, down 10.5% from ¥86,216,541.01 in the previous period [46]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth [46].